News headlines about InfraREIT (NYSE:HIFR) have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. InfraREIT earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 46.2473681291849 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Zacks: Brokerages Anticipate InfraREIT (HIFR) Will Announce Earnings of $0.20 Per Share (americanbankingnews.com)
- InfraREIT Inc.: InfraREIT Schedules First Quarter 2018 Earnings Conference Call and Webcast (twst.com)
- Royal Bank of Canada Reaffirms “Hold” Rating for InfraREIT (HIFR) (americanbankingnews.com)
- InfraREIT (HIFR) Stock Rating Upgraded by Zacks Investment Research (americanbankingnews.com)
HIFR has been the topic of several research reports. Zacks Investment Research upgraded shares of InfraREIT from a “sell” rating to a “hold” rating in a report on Wednesday, February 14th. ValuEngine downgraded shares of InfraREIT from a “buy” rating to a “hold” rating in a report on Friday, March 2nd. Finally, Royal Bank of Canada reissued a “hold” rating and issued a $18.00 target price on shares of InfraREIT in a research note on Thursday, January 11th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $22.33.
Shares of HIFR stock opened at $20.18 on Thursday. InfraREIT has a 1 year low of $17.60 and a 1 year high of $23.22. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.93.
InfraREIT (NYSE:HIFR) last announced its quarterly earnings data on Thursday, March 1st. The real estate investment trust reported $0.50 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.04. InfraREIT had a net margin of 9.14% and a return on equity of 8.71%. The business had revenue of $2.90 million for the quarter. equities research analysts forecast that InfraREIT will post 1.3 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 19th. Investors of record on Thursday, March 29th will be issued a $0.25 dividend. The ex-dividend date is Wednesday, March 28th. This represents a $1.00 annualized dividend and a yield of 4.96%.
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InfraREIT is a real estate investment trust that is engaged in owning and leasing rate-regulated electric transmission assets in the state of Texas. The Company is externally managed by Hunt Utility Services, LLC, an affiliate of Hunt Consolidated, Inc (a diversified holding company based in Dallas, Texas, and managed by the Ray L.
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